Oil prices were on track on Tuesday for their biggest quarterly decline since the early months of the Covid-19 pandemic in ...

Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.

By Scott DiSavino June 30 (Reuters) - Oil prices were little changed on Tuesday but were headed for their biggest monthly and ...

Iran’s crude oil production slumped by 19% last month, according to data from OPEC, while the US blockaded the country’s ports during their ongoing conflict. Iranian output fell by 546,000 barrels a ...

But after the COVID-19 pandemic, global interest rates rose and the U.S. dollar strengthened, making borrowing significantly ...